§ 8348.6. Supplemental annuities commencing 2002
Purdon's Pennsylvania Statutes and Consolidated StatutesTitle 24 Pa.C.S.A. EducationEffective: July 1, 2011
Effective: July 1, 2011
24 Pa.C.S.A. § 8348.6
§ 8348.6. Supplemental annuities commencing 2002
(a) Benefits.--Commencing with the first monthly annuity payment after July 1, 2002, any eligible benefit recipient shall be entitled to receive an additional monthly supplemental annuity from the system. This shall be in addition to the supplemental annuities provided for in sections 8348 (relating to supplemental annuities), 8348.1 (relating to additional supplemental annuities), 8348.2 (relating to further additional supplemental annuities), 8348.3 (relating to supplemental annuities commencing 1994), 8348.4 (relating to special supplemental postretirement adjustment) and 8348. 5 (relating to supplemental annuities commencing 1998).
Most recent effective date | Percentage factor |
---|---|
of retirement | |
July 2, 1988, through July 1, 1990 | 8.0% |
July 2, 1983, through July 1, 1988 | 10.0% |
July 2, 1980, through July 1, 1983 | 15.0% |
Prior to July 2, 1980 | 25.0% |
(g) Eligible benefit recipient.--As used in this section, the term “eligible benefit recipient” means a person who is receiving a superannuation, withdrawal or disability annuity on July 1, 2002, and whose most recent effective date of retirement is prior to July 2, 1990, but the supplemental annuities provided under this section shall not be payable to an annuitant receiving a withdrawal annuity prior to the first day of July coincident with or following the annuitant's attainment of superannuation age.
Credits
2002, April 23, P.L. 272, No. 38, § 2, imd. effective. Amended 2010, Nov. 23, P.L. 1269, No. 120, § 5, effective July 1, 2011.
24 Pa.C.S.A. § 8348.6, PA ST 24 Pa.C.S.A. § 8348.6
Current through Act 11 of the 2024 Regular Session. Some statute sections may be more current, see credits for details.
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